India Restricts Silver Imports and Targets Key Products

India has restricted most silver imports in a move aimed at cutting its import bill and supporting the rupee. The government is also identifying 100 products to reduce import dependence as part of its next manufacturing push. In a separate development, a surprise Indian decision is said to be shaking global food markets, raising questions about a possible sugar crisis. Opposition parties criticized fuel price increases, saying the government began "collecting" after local elections ended.